NOT LISTED FOR SALE

705 E Main St Madison, IN 47250

Estimated Value: $310,000 - $393,000

3 Beds
2 Baths
2,336 Sq Ft
$150/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $325,000 $139 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,008/month

193 Days on Market

Highlights

  • Mature Trees
  • Vaulted Ceiling
  • Wood Flooring
  • Fireplace in Bedroom
  • Georgian Architecture
  • No HOA

About This Home

As of February 2023

This is your opportunity to live in Historic Downtown Madison with this Federal-style 3 BR, 2 BA brick home built in 1835 featuring more than 2,300 sq ft of living space; living room highlighted by walnut floor and gas fireplace; spacious family room with walnut floor, gas fireplace and large storage closet; applianced eat-in kitchen with pine floor, oak cabinetry and pantry closet; office area off kitchen with built-in desk and built-in cabinetry; main-level bathroom features heated floor, claw-foot tub, stained-glass window and pocket door; laundry room with cathedral ceiling, skylights and utility sink; master bedroom comes complete with large walk-in closet and private bath; middle bedroom with gas fireplace; (See Agent Remarks)

Last Agent to Sell the Property

Steve Silver

RE/MAX Professionals License #RB14010813 Listed on: 07/14/2022

RE/MAX Professionals

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,480

Year Built

  • Built in 1835

Lot Details

  • 3,485 Sq Ft Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Cement Siding

Interior Spaces

  • 2,336 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Unfinished Basement
  • Basement Cellar
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Bedroom
  • Walk-In Closet

Outdoor Features

  • Covered Patio or Porch

Schools

  • Madison Consolidated Jr High Sch Middle School
  • Madison Consolidated High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 391302113027000007

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,480

Year Built

Built in 1835

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Georgian
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1835
  • Building Area Total: 2336
  • Garage Y N: Yes
  • Lot Size Acres: 0.08
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Lead Base Paint
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: steve@seymourhomes.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Cellar, Unfinished
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Electric Water Heater
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Bedroom, Family Room, Gas Log, Living Room
  • Fireplaces: 4
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Vaulted Ceiling(s), Walk-in Closet(s), Hardwood Floors, Skylight(s), Eat-in Kitchen, Pantry
  • Living Area: 2336
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 2336
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Disclosures: Not Applicable
  • Fencing: Privacy
  • Foundation Details: Rock
  • List Price: 350000
  • Patio And Porch Features: Covered Patio

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Detached, Garage Door Opener, Rear/Side Entry
  • Garage Parking Other: Guest Street Parking,Service Door

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Madison Consolidated Jr High Sch

Lot Info

  • Lot Features: Curbs, Sidewalks, On Trail, Mature Trees, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 3485
  • Parcel Number: 391302113027000007
  • Acres: <1/4 Acre
  • Price Acre: 4062500

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1480
  • Tax Lot: 8
  • Semi Annual Property Tax Amt: 740
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • High School: Madison Consolidated High School
  • Schools: MADISON CONSOLIDATED HIGH,MADISON CONSOLIDATED MIDDLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Feb 17, 2023
Sold by
Mccomb David L and Mccomb Melinda
Bought by
Utley Karen Ashley
Seller's Agent
Steve Silver
RE/MAX Professionals
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$379,900
Sold Price
$325,000
Premium/Discount to List
-$54,900
-14.45%
Views
293
Current Estimated Value
$351,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,396
Avg. Annual Appreciation
2.11%
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Utley Karen Ashley $325,000 Agency Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2023 02/21/23 Sold $325,000 -7.1% $139 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
09/02/2022 09/02/22 Price Changed $350,000 -7.9% $150 / Sq Ft
07/14/2022 07/14/22 For Sale $379,900 -- $163 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,828 $182,800 $3,100 $179,700
2023 $1,715 $171,500 $3,100 $168,400
2022 $3,214 $160,700 $3,100 $157,600
2021 $1,526 $152,600 $3,100 $149,500
2020 $1,479 $147,900 $3,100 $144,800
2019 $1,479 $147,900 $3,100 $144,800
2018 $1,644 $164,400 $3,100 $161,300
2017 $1,625 $162,500 $3,100 $159,400
2016 $1,626 $162,600 $3,100 $159,500
2014 $1,302 $130,200 $3,200 $127,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21870356

MIBOR Broker Listing Cooperative®

APN: 39-13-02-113-027-000-007